Appropriate Consideration of Comparable Companies Necessary When Using the Public Guideline Company Approach

Business Valuation Update BVLaw
Legal and Court Case Update
August 23, 1999
6036 Savings institutions, Not Federally Chartered
522120 Savings Institutions
estate and gift taxation

Estate of Hendrickson v. Commissioner
T.C. Memo 1999-278,1999 Tax Ct. Memo LEXIS 318
Federal Court
United States Tax Court
James Magee (for estate)<br>David N. Fuller (for IRS)


The Tax Court considered the valuation of a single-location commercial bank that acted like a thrift.

See Also

Estate of Hendrickson v. Commissioner

Business Valuation and Taxes: Procedure, Law and Perspective ...